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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 15, 1972, Lethbridge, Alberta 24-WE IHH8RIDCE HWALD-Wedneidoy, Morcli 15, 1972 West oil stocks sharply higher TORONTO (CP1 Western i Zeller's fell 3i lo SWVi, Pan oil issues on the Toranto stock Ocean >k to Tara '.i to market imved shanily higlicr as prices in most sectors contin- lied thjir upward trend in mod- erate mid-morning trading today. The western pil index climbed 1.02 to industrials .27 to 199.90 and base metals to 97.CO. Golds were down .18 to 181.19. Volume by II a.m. v, us shares, up "from al the i 203.42 and papers .id to U8.00 same time Tuesday. j Combined volume on the Advances outnumbered tie- j Montreal and Canadian stock rlines 122 to 98 with 187 issues exchanges was shares unchanged. compared with at the Banking, general mamifactiir-, same time Tuesday. Bi-caticasting lo S18, Koyal Tnist Vt to and ['rice to PRICES UI MONTREAL (CP) Prices were up in all sectors in light morning trading on the Mont- real stock market today. Industrials rose .40 to 205.51, utilities .32 to 165.77. banks 77. the composite Aft steel, trust and loan and ch'emica! stccks moved higher.' Communication and construc- tion and materials were gener- ally unchanged while paper and forest and beverage issues moved lower. Falconbridgc was up '2 lo Imperial Oil 'i lo Stein- berg's A ?s to S26's, Pitts Engi- neering ?s to 517 and JIattagami Ts to Home Oil A gained "s to Dominion Textile 'i to Ka'.'i, Denison U to Ranger Vi to Interna- tional Utilities 3s to Sol and Pla- cer to S35. Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Dohcrly. McCunig Limited) LAST UIl) OH SALE a.m. a.m. Quclesl 11 :W WESTERN OILS .5 70 Alfa Gas Asamera Ashland DP Oil Gas Can Soulh Cdn Ex Gas Cdn Komesld 6 70 1900 13. SO i.SS 8.60 Cdn Gat Oil Norfh Cdn Oil Humac Pancdn Pele Pan Ocean Petrot Pinnacle Place Gas Pander Ranger Sucrrv Rain Spconer s Total Ulsfrr 1.55 6.15 14.25 17.CO 12.75 I.2A 20 If.. 1.03 11 CO Husky Oil Husky Oil Husky Oil tnlcr Prov Inter Prov Kaiser Res MGF Manage Pdcific Ptre Rdlnltr Sandwell Telcdyno West Cdn Seed Whilf? Yukon Weslficld CALGARY i Acrall Oarers Oil Atodison West Warner 16.11VJ I 42.7.5 570 15.00 975 3'9t> .'est Cr r- 'est Mulual Mutual Ac iM-fl-pl Gr F Nil Res N Kin N W Gr Principal Gr Royfund Temp Gr United Ac Universal 5av Vanguard 1MU 13.16 5.77 6 31 5-67 6.4S 5.P4 7 JJ 4-97 rt.20 6 81 4.W 5 31 36 667 7.29 5 if> A.CQ 8.05 12.75 7.31 801 Si 5-79 6.34 VANCOUVER MINES report lethbriclge Livestock (Supplied By Canada Department of Agriculture) On offer to a.m. 190 cat- tle. Receipts mostly slaughter cattle. Trade active. Good and choice butcher steers meeting very good demand prices 25 cents or more higher. Good and choice butcher heifers steady to strong. All classes of cows meeting a keen demand. Prices 50 cents to higher ivith hei- frey kinds up to 30. Replace- ment cattle scarce and selling at firm prices. Choice steers 35 to 35.50; good 33.50 to 34.50. Choice heifers 32.35 lo 32.00; good 31 to 32. Good cows 27.50 lo 29; me- dium 26 to 27; canners and cut- ters 21 to 25. Good heavy feeder steers over 950 Ibs. 34 to 45. Butcher hogs sold Tuescbv Lelhbridge 28.35 base price. Calgary livestock CALGAHY (CP) Receipts on the Calgary livestock mar- ket to 11 a.m., about head; mostly slaughter steers and heifers. Trade was active. Slaughter steers were barely steady; heifers met a good de- mand at fully steady prices which ranged to 33.60' cows and bulls were SI lower. Choice slaughter steers 34.75 to 35.30, good 33.75 to 34.75, medium 32.50 to 33.50. Choice heifers 32.75 to 33.50, good 31.50 to 32.75, medium 29 to 31.25. Good cows 26 to 27, medium 24.75 to 26. Canners and cutters 21 to 24.50. Good bulls 26 to 28. Replacement cattle were scarce with most of the offer- ing steers of more than 900 pounds selling at steady prices. A few stock calves were steady. Good feeder steers more than SCO pounds 34 to 36.30. Good stock steer calves 39 to 44.75. Good stock heifer calves 33.50 to 37.75. Hogs base price 28.55. Lambs were higher Tues- day with good kinds 28. Falconbridge Nickel was 2'.2 to KofElcr Scores 1 to Dofasco to am: Dominion Stores 12 to Great, West Life lost 'A lo Shell Canada ?'s to and Royal Tnist ns Lo MODEST GAINS NTIW YORK (AP) Th( stock market hold modest gains today in moderate trading, The Dow Jones average of 30 j industrials at noon was up '1.29 at 938.29. Advances led declines on the New York Stock Exchange by 7 Co Among Canadians, Interna- tional Nickel declined to Massey at and Ca- nadian Pacific at both ad- vanced ]4. On tlic Ameri ca n Stock Ex change, Brascan Ltd. at Canadian Marconi at and Scurry Rainbow Oil at all advanced Amex prices included NyIron- ies, up to Ainericaji Is- raeli Paper, up to Charter Co., up 2% to and Kowanee Oil, up Hi i 6C5 Weil Pete 10 -'0 MISCELLANEOUS INDUSTRIES Aqualajne 2-1C3 Brines 5.671 Cdn Brew A m37'.- Cygnui B F'alccn Copper Genstar Home A Home B Hud Hay Co Hud Bay Oil Hud Bay Oil Pfd Hugh Russell PIPE LINE STOCKS Alfa Gas A 55.00 Alta G3S Pfd 7603 Alia Nat Gas 22 CO Inland Nat Gas N and C Gas N and C Gas B Pac Gns Trans .G.1Z Melro Gat Melro A Cda 12. Trans Cda B 41 Trains Cda A 77. Trans Cda War M Trans 29. WC Trans Wts 9. MUTUAL FUNDS 14.50 28 75 13 CO 6.00 1 Dynasly For1 Reliance Giant Mascot Granisle Silver Slandard 5.75 8 60 5.M Block Bros 363 965 B.c Sijqar Gt Pacific AU Cdn _._ All Cdn Divid B.C Suqar Pfd All Cdn Vent JO? J.47 Capt Infer Amr Gr F 699 7.68 Crest For Ind AGF Special 3.51 Kys Cdn Invest F 5.CC 5.48 Interior Brew Ccl Mutual 93 7.60 Inter Mariner Cmrw Infer VI 59 U.OJ Key Indust Crnnw Lev 3.91 A.30 PacHic West Air Corp Invest 6 08 4.65 Stampede Inll Res Corp Invesr S F S.M S dfl OILS Dreyfus F U.S. AltHny Oil Gr In Shares .106 447 Plains Pete Gr Equity 7.3i West Explor OSVj 3.60 16.25 6.371 4.55 3.15 Toronto mines, industrials (Supplied By Richardson SecnrUies of Can nil n) LAST BID OR SALE Grain prices Winnipeg Grain WINNIPEG (CP- Hiipc- seed continued to move at higlt cr price levels at niid-sessiajl the Winnipeg Grain Ex- charge today. Other commodities wore un- changed on a light volume ol rade and limited buyer inter- est. Tuesday's volume of trade was bushels of flax. of rye and of raoeseed. Mid-session prices: Flax: May lower 2.76'iiA; July lower 2.72-liB; Oct. 1 fewer 2.72'fi; Nov. not Rape.sced Vancouver: March 2Vi higlicr 2.63' June higher Sop. higher 2.587 Nov. higher 2.59ri'i. Rapesced Thunder Bay: May K higher 2AGK; July 1V2 higher 2.4GVfeA; Oct. unchanged Nov. not open. Oats: May lower July unchanged 69; Oct. open. B a r 1 o y: May urdiangccl July unchanged Oct. unchanged 1.09 Rye: May higher A; July higher 1.00; Oct. un- changed 1.01 WINNIPEG (CP) Grain quotes Tuesday (basis Lake- High Low Close Flax- not Jiy Oct Nov 27714 273 275' 273 277 Man in court upholds his dignity CALGARY tCP) A man mth his hands in his pocket5 upheld liis own dig- that of the Al- berta Supreme Court Tues- being lectured about breaching a court order. When the man was called before Mr. Justice D. A, Bowen the judge told him to "take your hands out of your pockets." "If I do, my pants will fall the man in baggy, beltless trousers pro- tested. replied the court. The man was allowed to keep his hands where they were but still received a lec- ture on disobeying the origi- nal court order. (HiOO a.m. Quoles) f.MNES 3 55 KfO 19.75 Norlex Osisko Pine Pninl Pfacer Dev, P.C. Exp. Ouetec War Rayrock a.m. Quoteil Peta 35.M Fcrd of Amr 34J5 GT Cdn Oil Redrc Rio Rom i Algoi i Corp. C en west Cons. Ram Coin take Dainn Wines Discovery Fast Mslarfit East Sullivan Falecnbridge Frobex First Maritimes Giant Y.K. Bovi1? Headway R.L. Hoi linger Hudsrin Bay AVS Hydra Ex. iron Qay Joliet Quebec Gordon Silver Miller Sleep Tck Core. Texmoril Upper Canada V3.S ,31 16.00 1S.JS i Win 1 39 3.35 93.00 Wrlqhl INDUSTRIALS AbHibi AtCdn Algorna Steel Alco Ind Allan Sugar Aura Ind Bell Tel Braiil Jrsc B.C. Tel Burns U.C. Forest B.C. Sugar Bow Valley CAE Ind Gen Wnfoi Gt Lakes Pa0 Gull Oil Cda Greyhound Hawker Sid Huron, Hrie Hfram Walk Imperial Oit Int Nicker Inr Pips Inv Gp A In) Indusl Accepf LaurenMde .0? Kelly Doug A Lech .07 Loblaw A Metro Stores Fero McMiiran Bloe Moore Corp 11.00 MoSsons A 7.00 Molsons B Korth, Cent Power Corp !2.37Vi Price Co MOO Rofhnnans 14.75 51. Lav.' Corp 21M Shell CDA 31.00 .Simpson's 31.15 Simp Scjrs 6.75 steel ol Can Selkirk A 5.37Vj 33.00 17.75 71.50 6.35 fl2 50 17.37yj 7.50 37.50 3IU7V; wjs'' 7.75 50.50 19 13.00 575 3-7D 1775 13 63 Vi 50 71.00 ?J 75 36-50 30.SO 19.75 43 75 Rapcstctl Mar 255 Jim 25931 253 Sep 2GO 257 257% Nov 260 2591i Rapcscctl TEutmlcr Day May 2-17 24fi Jly 2-15 Oct 2-17 Nov 2474tT Oals May Jly 70 69 69 Oct----------------- 70 Barley May jog Jly Oct lODli Rye May Jly 99 Vz Oct lOQii 1001s [Jushiess Spotlight The convention boom lly PAUL McGHATH TORONTO (CP) When Hie Slirinors get togctticr for a con- 'cnlion tliey expect about icople lo show up. Estimales are that each dele- ;ale to a national convcnlion >pends about a day and tays an average of more than hree days. Thai adds up lo big business. As a result, provinces and cit- es compete for a larger sliare of the convention boom. Toronto estimates the business was worth million in 1971. The convention business lias growing so fast tbat some major centres, such as Toronto and Montreal, now find they need larger facilities to accom- modate the major groups. he new Toronto International Centre of Commerce is the larg- est exhibition hall in Canada, about a third larger than the hall in Montreal's Place Bona- venture. But Place Bcnaventure boasts a central downtown location with an enclosed subway access prime assets for a busi- ness thai relics on the public for a major share of its revenue, The Toronto hall, located in an overhauled aircraft hangar near Toronto Internationa! Airport has neither of these advantages. MAKES COMPAIUSON Leo Goldfarb, president Place Bonavcnture, thinks the Montreal facilities arc equal, i not better, than anything in To- ronto. "There are lots of similar buildings, warehouses and so on that could be fixed up like this jut they can't attract the man i Hie street like a downtown iall with subway access Don Goady, manager of the Montreal international auto Shc--- Langls Silver Madden R.L. Cal Cellulose 2.EO Tradws Gp A 17-CO PP Coron Credit 2.67 C.W.H. Gas ,07 Crfn Irdusf -71 Cdn Merccni tS Cdn VicXers Chrysler CPR Coi Trar.s Can Uncn Gas Union Oil Versatile .15 Bam v.- v.'est Home f.v Alhcna sv Calumef Hcrse Copper oranda 1075 Ccns Ga; Sea Dem Bridge .23 Domtar 2.40 Doni Textile W.lSVi Dom Stores II 51 1575 3.75 TO 75 31.25 Unicn, Car West's B Woodward's A 8.75 Zcnilh Eilec BANKS 37.IS Nov becria 19.50 15.75 26.50 sa.w 35.33 33.35 30.50 New York stocks Beth 5 fee! Chrysler Comsat 1.88 fStipplicd By Hiclianlson Secnriiics of Canada) T and T Sears Sid Oil of N.J. Texas Gulf "Sexas Co Wickes Carp 51.37 J3 30 Irtdusf 939.3J up 5 3- Efec J7.37Vj 20 Rails 262.25 up I 03 U.S. SfM! 15 Ulilllics 11572 up 20 Golds 181.19 otf 7d 75 10 Base Mel 97.03 Up is w oils m sa up 7 Volume GfA Gull Int Ha Kenn Ccppei 170.50 3S..75 79.50 YORK AVERAGES 2B CO TORONTO AVERAGES Montgomery ja.SSVs 10 Indubt 200.15 up 51 Father of 21 MADRID (Reuter) Farmer Jose Maria Pulido Tirade, said to be 107 years old, has won Ihis year's national birth prize for fathering 21 children. The prize, an unspecified amount of money, is to be presented by Chief Stnfe F r a n ci s c o Franco. Edson mayor dies suddenly EDSON (IJ) James E. Griffiths, 46, mayor of this west central Alberta town, died suddenly yesterday. Mr. Griffiths was a director of the Alberta Urban Munici- palities Association and operat- NATO ENVOY WASHINGTON (AP) For- mer treasury secretary David Kennedy has been confirmed by the Senate as the permanent U.S. representative to the coun- cil of the North Atlantic Treaty Organization. Kennedy's ap- pointment to Ihe post, with am- basssdorial rank, was approved Tuesday. He was nominated by President Nixon. Wetaskiwiii chiropractor ed a car dealership in Edson and in nearby llinton. He was elected to town coun- cil in 1966, was elected mayor in 19C8 and was returned to that position by acclamation last year. Hog sale Crown status urged OTTAWA :er-general (CP) Poslmas- Jean-Pierre Cote indicated here that studies liis department favor convert- ing it into a Crown corpora- .ion. Appearing before I lie Co m mons cosniniuiicutions commit tee, Mr, Cote said prolonged studies on the mat'cr were completed "and the dcci.sion now is up lo the government." He added Uiat legislation would be needed if the govern- ment decided in favor of mak- ing the post office a Crown cor- poration rather than a direct government department. He said "further discussions11 also would be needed unions within the post office. show lhat recently occupied 'iacc Bonavcnture, isn't en- liusiastic. "We aren't the only show to outgrow Place Bonaventuxe and he city will soon start to lose ts chance of securing large ex- libitions and conventions unless it plans to build something big- by 1980." Toronto is feeling the pinch for space too. Richard Horkins, president of the Metropolitan Toronto Industrial Commission, sees the need for a centrally located hall larger than the air- port site. He feds the perfect place would be in Metro Centre, To- ronto's billion waterfront re- development. The Toronto Board of Trada last year recommended con- struction of a centre including a auditorium, two at theatres and restaurant fa- cilities. There has been no ac- tion on Ihese recommendations but (he city is considering a smaller centre in the downtown area. bill for legislature EDMONTON (CP) Aver- age prices to II a.m. provided ay the Alberta Hog Producers Marketing Board: Edmonton: 28.55, average Tuesday 28.63. Red Deer: 23.55, average Tuesday 28.G7. Calgary: average Tuesday 28.65. Lethh ridge: 23.55, average Tuesday 28.58. Lioydminster: Nil, average Tuesday 28.30. Grande Prairie: Nil, average Tuesday 27.69. Total hogs sold C97, total hogs sold Tuesday average 28.52. Sows average 20.75. CP records earnings increase MONTREAL. (CP) Cana dian Pacific Utl. reports total earnings of million or a share for 1971 compared with million or 87 cents a share for the previous year. The per-share earnings are based on the par value of the stock after a five-for-one split. The company reports that in- come from railway and miscel- laneous sources was mil- lion or 49 cents an ordinary share, compared with mil- lion or 35 cents an ordinary share in 3970. Miscellaneous sources include earnings of CP Telecommuni- cations CP Ships, dividends from CP Express, CP Transport and CP Bermuda Ltd. Tire company says net income from CP Air, its airlines subsid- iary, was million for 1971 compared with for 1970. It says operating revenues in- creased by almost six per cent and operating expenses rose four per cent despite reductions in frequencies on some routes and over-all costs controls. Pas senger revenues increased six per cent to million. Policeman sliol 111 ambush BELFAST (Reuter) A po- liceman died today sfter gun- men ambushed a combined po- lice-army patrol at Ccnlislanrt, sou! h west of K el fast, Tucs day The policeman was shot in the head and chest when two gun- men opened fire with sub-ma- chine-guns as the patrol turned into a parking lot. He was the sixth officer killed this year, to bring the total death list since August, 1969, to 273. NW INVESTMENTS LTD. NW EQUITY FUND LTD. NW GROWTH FUND LTD. NW FINANCIAL FUND ITD. For a confidential discuision call or wrlle DICK BATEMAN, 609 10 St. 5., Lelhbridge Ph. 327-5137 Beef futures Live beef futures close Tues- day. Mar 36.25; May 35.10B; Jly _ 34.20B. Monday's volume: 13 con- tracts. renovations EDMONTON (CP) It cost [o renovate the legislature chamber, including for new furniture. In a relurn tabled in the leg- islature, the province's new Progressive Conservative gov- ernment said new chairs Tor (he 75 MLAs cost each, whilo 10 new desks cost each. A reel carpet for the assem- bly floor cost more than Hughes returns LOS ANGELES (AP) Bil- lionaire Howard Hughes has left Nicaragua, where he pur- sued his secret life for a month. A Nicaraguan air force official said Hughes flew to Los An- geles early Tuesday in a pri- vate plane. ATTENTION PHILIPS OFFICE EQUIPMENT USERS FOR SERVICE or SALES Phone 264-6612 or write ED. BOLAND H. J. KELLAM LTD. 613 llth AVENUE S.W., CALGARY 3, ALBERTA Ed Bolnnd, representative will in the Lethbridge atea once a month AUTOMOBILE SALESMAN Alberta's largest Fulf line Ford Mercury Dealer Ts en iht move. We need competent Professional Salei People WHO ARE Sales orientated bur ARE NOT experienced in automobile sales. WHO ARE Challenged by ihe concept of developing a career in a rural location with a tremendoui volume. WHO ARE interested In metro scale earnings In a progressive rural facility WE OFFER Top earning Potential Complete on the job training. Best Company benefits, new Demo. Opportunity for advancement. For Information Writer BOX 22, 1ETHBRIDGE HERALD Watch for it EMPLOYMENT OPPORTUNITIES STENOGRAPHER for government oFfice in forl Mocleod A- CERTIFIED NURSING AIDE For rvrol hospital within commuting disfance of Lolh- brtdge. Accommodation olio available in nurses residence. FARM HELP For farms end ranches in southern Alberta. Wogei range from lo per monlh. f MANAGER TRAINEE Requires experience in the hardware ana1 farm sup- plies field. Salary negotiable. f SERVICE MANAGER To be responsible for ha Herald's advertising representatives in your area each week Farm and District news and articles of particular interest to all town rural residents in the Herald's trading area Advertising from the active business communities of Southern Alberlct and S.E. B.C Every issue will be included in the fulf regular Herald Circulation plus selocfct? extra delivered copies bring- ing the tola! circulation to ;